Evaluate buying car vs leasing.

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Option 2: Evaluate buying a car vs leasing

Purchase a car for $28,988 with a 60 month loan at 3.9% interest rate or lease a car for $259 a month for 39 months.

Determine cash flows (include all relevant expenses/costs)

List and explain assumptions

Compute IRR, NPV, Payback, Discounted Payback to make decision

Conclusion: What decision did you make and why?

Assignment Requirements:

APA format must be followed

Written paper turned in VIA TurnItIn

Assignment length should be adequate to cover the topic but no less than 1000 words.

Reference no: EM131456602

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